Senior Rates Developer - Java

Location: London, Hybrid

Role Type: 12 Month Contract

Rate: £800 - £900 per day

Delta Capita is seeking a highly skilled Senior Rates Developer to join our Global Markets Technology practice. This role sits within a specialist team responsible for delivering pricing, eTrading and eRisk capabilities across Rates and FX products.

The team develops low‑latency, highly available pricing components that support:

• Rates pricing across forwards, futures, swaps and bond products

• FX forward and broker pricing

• Algorithmic and electronic execution workflows

• Pricing control tools and configuration frameworks used by traders and quants

• On‑demand quoting and curve management for eCommerce channels

• Integration of new quantitative models and external market data feeds

This is a hands‑on engineering role within a fast‑paced, high‑performance trading technology environment.

Key Responsibilities

• Work directly with eRisk quants and Rates/FX traders to gather requirements and refine technical solutions.

• Contribute to the enhancement of rates pricing, FX forward pricing and STP workflows across derivatives and cash products.

• Develop pricing control features (price tiering, interpolation, curve adjustments, sanity checks, off‑market controls, derived crossing, etc.).

• Enhance e‑pricing infrastructure to support on‑demand quoting and curve management across eCommerce channels.

• Integrate quantitative models and new market data feeds into the pricing platform.

• Produce detailed technical designs aligned to solution architecture.

• Implement high‑quality Java server‑side components, applying industry‑standard development patterns.

• Build simulation and back‑testing environments; investigate regression issues where required.

• Conduct automated unit, integration, and performance testing prior to UAT.

• Deploy components into development, test and pre‑production environments.

• Work with external technical teams when required.

• Ensure removal of open‑source or cyber vulnerabilities, contributing to strong risk and control governance.

• Participate in intraday or overnight support rota when required.

Required Technical Skills

• Stro